Restaurant Brands reports 2.5% same-store sales growth, fueled by Burger King and Popeyes

Core Insights - Restaurant Brands International reported a same-store sales growth of 2.5%, driven by strong performance from Burger King and Popeyes in the U.S. [1] - The company's fourth-quarter net income was $361 million, or 79 cents per share, a decrease from $726 million, or $1.60 per share, year-over-year [1] - Shares of Restaurant Brands rose over 1% in premarket trading following the earnings report [1] Financial Performance - Excluding corporate restructuring fees and other items, the adjusted earnings per share were 81 cents [2] - Net sales increased by 26% to $2.3 billion [2] - The reported earnings per share of 81 cents adjusted may not meet the expectations of 79 cents as anticipated by LSEG [3] - Revenue of $2.3 billion also exceeded the expected $2.27 billion by LSEG [3]